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Well considering the Eurozone is in a deep recession as you said and the bulk of Turkeys exports go to Europe, its hardly surprising the Turkish growth rate stumbled. Explains why Erdogan and co have started looking towards the East over the past few years.
As for Pakistan, a 3.7% growth rate I suppose puts us in the middle. It is nevertheless far below our potential.
If you want to ridicule Pakistan, my comments would not convince you.
Anyways, lets try.
Strategic location. Gwadar city, Quetta city, Gilgit city, Karachi - Persian gulf, South Central Asia, Central Asia, South Asia.
Majority of young population.
Strong global diaspora.
So almost everything what is needed to become a power player, but Pakistan needs ten excellent years under a stable leadership which is very difficult to get.
Resources ??
Glaciers:
The Baltoro Glacier in the Karakoram, Baltistan, Northern Pakistan. At 62 kilometres (39 mi) in length, it is one of the longest alpine glaciers on earth.
- Fishery (coastline of about 1046 km)
- 24.2 million cattles
- 26.3 million buffaloes
- 24.9 million sheep
- 56.7 million goats
- 0.8 million camels
- 530 million birds produced annually
- 40.2 thousand tons of wool
- Chickpea (2nd)
- Apricot (6th)
- Cotton (4th)
- Milk (5th)
- Date Palm (5th)
- Sugarcane (5th)
- Onion (7th)
- Kinnow, mandarin oranges, clementine (6th)
- Mango (4th)
- Wheat (7th)
- Rice (14th)
- Olives ?
- Tea ?
Potential Sun light for Solar
Potential Wind power
If you want to ridicule Pakistan, my comments would not convince you.
Anyways, lets try.
Strategic location. Gwadar city, Quetta city, Gilgit city, Karachi - Persian gulf, South Central Asia, Central Asia, South Asia.
Majority of young population.
Strong global diaspora.
So almost everything what is needed to become a power player, but Pakistan needs ten excellent years under a stable leadership which is very difficult to get.
No dude, my intention was not to troll.
Ok, but lets look at Turkey:
1. It has very close economic ties to the EU which is the LARGEST single market on the world and might even become a member state of it. Furthermore, it is like a link between Europe and Asia.
Pakistan is on the other hand is situated between Iran, Afghanistan, India and China. The latter two might be the 2 fastest growing major economies which are promising markets but the neighbouring part of China (which is the south west) is not that affluent as Hong Kong, Beijing etc etc while relations with India seem to be a real trade killer. The position next to the Arabian sea and the resources in the neighbouring regions might be an advantage but wont be the decisive factor to surpass Turkey.
2. Pakistan has a bigger population of young people than Turkey, thats right, but this wont be very useful without skills and most importantly a modern business environment. A a country in which so many support sharia law and which has such a weak government is not very attractive as well. Turkey on the other hand has a well educated population, rule of law and stability )at least in the western parts) and has far more secular and modern thinking political establishment.
3. Dont know about the Pakistani or Turkish diaspora, but such factors are normally only a tiny factor for economic success for such large countries.
4. Those three points are faaaaaar no everything you need to have economic success, and diaspora does not belong top factors for economic success.
Some factors for the attractivity of a country are:
A stable state with rule of law, A healthy business environment (less bureaucracy, corruption, free market thinking etc etc..),
Infrastructure, R&D,
an educated population which can provide skilled labour, cheap labour costs, a good location (to huge markets, resources),
possibilities of cooperation with local companies, etc etc to name a few.